People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Spencer Platt | Getty Images Wells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve announced it would cap dividends for banks based on earnings. Wall Street analysts pointed to Wells Fargo as
Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell. Micron Technology — The technology company’s stock jumped as much as 6% in extended trading
With a coronavirus vaccine looking more likely and the sales of electric cars poised to accelerate, General Electric (NYSE:GE) shares seem very attractive. Moreover, the company’s new offshore wind turbine should generate tremendous value for long-term investors in GE stock. Source: JPstock / Shutterstock.com The chances of a viable coronavirus vaccine emerging within the next
I wanted to find five stocks to buy with steady dividends and earnings that are reasonably cheap. Moreover, they each of these dividend stocks have attractive upside target prices. This actually turned out to be harder to find than I expected. I finally found the stocks by setting a dividend and earnings screen that mirrored
Virgin Galactic (NYSE:SPCE) seems to be in the business of making news. For example, the company is pointing to increased demand for space travel even though they still seem years away from putting those individuals in flight. However, that doesn’t seem to be deterring investors from buying SPCE stock. In fact, the stock is up
Stocks turned lower at the open, but quickly regained their footing and rallied notably on the day. That said, let’s look at a few top stock trades ahead of Tuesday’s trading session. Top Stock Trades for Tomorrow No. 1: Amazon (AMZN) Amazon (NASDAQ:AMZN) was initially hit hard in March, along with the rest of the
Fracking giant Chesapeake Energy’s bankruptcy filing comes following a financial mess at the company that included no budgets, a massive wine collection and a nine-figure bill for parking garages, sources told CNBC’s David Faber. CEO Robert D. “Doug” Lawler found in examining the company’s books a $110 million bill for two parking garages, Faber reported
A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines midday Monday: Southwest — Goldman upgraded shares of Southwest to buy from sell and raised its 12-month price
It’s expected that between 2019 and 2027, the global marijuana industry will grow at a compound annual growth rate of 18.1%. By 2027, the market is expected to be worth $73.6 billion. Given the big potential for growth, marijuana stocks have been in focus. However, marijuana stocks have been on a decline since March 2019,
I would not touch XpresSpa (NASDAQ:XSPA) stock with a ten-foot pole. I rarely say that or anything similar about a stock, but XSPA stock is truly in a unique situation. Source: Cryptographer / Shutterstock.com Before this year, the company specialized in providing massages and facials at airports. Now has decided to start offering tests for
Known to millions as the Queen of Domestic Arts, Martha Stewart is a successful entrepreneur who built a media empire from scratch out of the old adage “there is no place like home.” During her pinnacle moments as a prominent media mogul, she found her name among the world’s wealthiest and powerful business leaders on the Forbes
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I want to share with you what are the pros and cons of a market order on the stock market. If you want to trade in the stock market, you need to understand different order types. I’ll show you what a market order is and how it all works. That way, you’ll learn how to
Global growth concerns and low inflation continue to support long term government bonds (TLT, VGLT). ISHARES 20+ YEAR TREASURY BOND ETF: http://www.zacks.com/funds/etf/TLT/profile?cid=cs-youtube-ft-card VANGUARD LONG-TERM GOVMT BOND ETF: http://www.zacks.com/funds/etf/VGLT/profile?cid=cs-youtube-ft-card Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
A worker on a Chesapeake Energy natural gas rig in Fort Worth, Texas Matt Nager | Bloomberg | Getty Images Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. The move comes as the company and industry more broadly has been rocked by a drop in oil and
Investing in marijuana stocks has been anything but smooth lately. The cannabis industry was no more immune to the novel coronavirus than the rest of the wider markets. However, that doesn’t mean it’s time to abandon pot stocks altogether. The story of 2020 is still unfinished, and there’s comeback potential for a number of stocks
Lyft (NASDAQ:LYFT) stock is one of two names, along with Uber (NYSE:UBER), which dominate the ride-share sector. Pundits consider Lyft to be the ‘pure-play’ between the two as it is solely focused on transporting people. Some analysts point to this as being a factor for choosing to invest in shares of Lyft over Uber. However,
Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images How to find compelling stocks primed to outperform during a volatile second half of the year? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As fears of a resurgence in the coronavirus sweep the globe, it could
Stefan Zaklin | Getty Images Check out the companies making headlines in midday trading. Dell — Shares of the tech company jumped 7% following news that it was exploring options for its majority stake in VMware, which is worth roughly $50 billion. A sale or spinoff of the investment in the software company could not
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